Even Google Coming Back to Life

Sep.24.10 | About: Alphabet Inc. (GOOG)

After trending lower for all of 2010, Google (NASDAQ:GOOG) finally appears to be coming back to life again.

The stock is still down 15% year to date, but it has rallied from $450 to $527 this month. As shown below, the stock just closed above its 200-day moving average today, so it is now back above its short (50-DMA) and long-term moving average, which is a positive from a technical perspective. (Click to enlarge)

Click to enlarge